AT&T Has Great Q2, Activates A Record Amount of iPhones

It's that time of year again. Or, that time of quarter, we should say.
It's the time of year where companies dish out their most recent
quarterly earnings. And while Microsoft, Intel and AMD have already had
their turn, now it's time for AT&T to share in the glory. The
company, which AT&T Mobility is ushered under, just had one heck of a
quarter, with strong revenues, profits and loads of iPhone adds.

According to AT&T, they had 1.6 million organic net adds in total
wireless subscribers, which was a record for Q2 adds. That helped them
to reach 90.1 million in service, but here's the major part: 3.2 million
iPhone activations occurred in the second quarter. In case you were
wondering, that's a new company record for the amount of iPhones
activated in a single quarter. And we still have yet to see or feel the
full impact of the iPhone 4, despite the antenna issues.

The company also saw best-ever wireless churn levels, with 1.01 percent
postpaid churn and
1.29 percent total churn. All told, the company saw a
10.3 percent increase in wireless service revenues, with postpaid
subscriber ARPU (average monthly revenues per subscriber) up
3.4 percent. And if you didn't think that WWAN devices were
growing in popularity, how's this? AT&T had a 2.9 million net
increase in 3G postpaid integrated devices on AT&T’s
wireless network to reach 29.7 million. Needless to say, the
company ended the quarter on a high note, but even with the cash flowing
in, that hasn't stopped them from instituting new data caps for
smartphones. Where there's a will, there's a way, even to make money (or
make customers angry).